Holding BTC vs Day trading or short term trading. - page 8.

Joyawan13

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elysian.finance

Quote from: Zerogreens on November 04, 2017, 09:20:41 AM

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned

to be a trader crypto it's not easy for us to do, especially if we new just know him, to be a trader today we must have a good analysis and strategy to be able to gain profit, if we can not to trade day, we will have defeat , we better invest only, by choosing to buy coins that have good potential, to be kept for a long period of time.

nara1892

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I think be a bag holder is not too bad and most importantly is you can analyzed it well.
But a day trader will be a choice when you don't have enough of ability to analyze the coin.

Dwarf42

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Quote from: alani123 on November 04, 2017, 12:19:23 PM

I think that short term trading is the best alternative of the three as people that have the nerve to deal with crypto markets tend to earn on the long run as crypto markets are bullish. You'd be unlucky to buy stuff the top prior to another fall though, it had happened to many people but holders in the end were avenged by new all time highs.

I have the same view as you, can see that the market in recent days are constantly fluctuating and in very large areas, so the commercial by day will minimize the risk for you. Short-term trading helps you to earn instant profits and reduce risk when bitcoins fall sharply while you are holding altcoin. If you trade long term, the risk and damage will increase dramatically over time and you will not be able to preserve your capital.

manggis97

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All this decision should according which level price you bought Bitcoin, for example if you bought BTC in a week ago in my opinion you have to hold it in a few month because the price has more possible to going up to $20,000 or possible to surpass this price. Technical analysis is very helpfull to know the price in overbough or oversold.

Dwarf42

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Quote from: Zerogreens on November 04, 2017, 09:20:41 AM

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned

I believe that at the present time you should trade by day, you can see that bitcoin prices in the past few days are constantly adjusting in huge amplitudes and will survive a lot of risk if you trade them. Therefore, to minimize the risk and control the capital you should trade, have specific plans on profit and stop loss.

Finestream

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Quote from: futuret on April 26, 2018, 02:24:55 PM

Quote from: JPage on April 23, 2018, 07:22:07 AM

In my personal mind it depends on the skills and psychology of each of us. If we don't have this two points enough then we can't control our emotional status and may panic sell everything that we have.

Time and skillset which you have are the most important things and that they are the most significant things in helping you in making this choice of going for either short term investment of money or long-term investment of money. I will personally go for long term investment of money but if you want to make fast earning, then you must rely on short term investment of money or day trading.

Right.As far as i know,day trading really needs more experience and skill.You cannot just buy anytime and end up at loss.You have to study all its chart movement so you will be knowledgeable if its best to make day trade that time.If you're not so sure about it,you can choose to hold your investments for a long time.Many have become rich too following this method.

klasik1980

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If you just look at investors historically day traders have never beat long term holders. Take Warren Buffet one of the most successful investors of all time. What does he do? He buys companies and holds them for a very long time. He DOES NOT day trade.

futuret

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Quote from: JPage on April 23, 2018, 07:22:07 AM

In my personal mind it depends on the skills and psychology of each of us. If we don't have this two points enough then we can't control our emotional status and may panic sell everything that we have.

Time and skillset which you have are the most important things and that they are the most significant things in helping you in making this choice of going for either short term investment of money or long-term investment of money. I will personally go for long term investment of money but if you want to make fast earning, then you must rely on short term investment of money or day trading.

jsrenthourse

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Quote from: Zerogreens on November 04, 2017, 09:20:41 AM

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned

I think that at the moment you should trade bitcoin in the short term, you can see that the market is fluctuating continuously and it is difficult to guess, bitcoin prices are also fluctuating a very large day so if you Long-term investment in bitcoin will be very dangerous. In addition, bitcoin prices are also bearish.

royale143

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Quote from: Zerogreens on November 04, 2017, 09:20:41 AM

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned

That depends on your capability either as an investor or trader. If you have a good knack on how the market words, and you can commit to actually follow it closely, then trading can be a good alley for you because it could really give a lot of profit, and the good part about it is the idea that you can get it seemingly real-time, unlike holding, which is a passive venture so to speak because you would only need to buy, and basically, forget about what bought until such time it would be ripe for selling.

SkvorNyc777

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Swipe!

Holding BTC for really long may be the most profitable strategy available

sajeebur rahaman

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The small movements of the market are very difficult, So I will tell you to invest for long time,When the market's small movements can boast itself, it will be able to boost itself

JPage

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That thing with trading it is very hard to consistently pull of good and profitable trades (especially if you try to do it every day). It all sounds great, buy low and sell high, but most of the time you will see that what you've bought before is 50% of price than it was when you bought it

zxl912157

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Quote from: Zerogreens on November 04, 2017, 09:20:41 AM

So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned

I think the right way to trade is an only long term.
You buy it and silence it a few months, then we can see that the price keeps increasing.

And buy it should be at the right time. Suppose February to March a few months ago when altcoin was completely destroyed. Well, we can see it now, the market is on fire and it's more than 50% rise compared to last month.

BUK2016

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You have learn a hard lesson there Man and everyone here has his or her own story to tell on how one has lost money in one way or the other. One thing is for one to realise his/her mistake and work toward not repeating same thing in the future.

marsmyname

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Quote from: BobBct on April 23, 2018, 07:51:06 AM

In terms in profit you will get more in day trading but in terms in risk there is a higher percentage when it comes to day trading rather than just holding btc for long term.

Day trading is what I also consider as the most profitable form of trading as far as it is done by using a volatile asset like bitcoin that actually shows some changes within 24 hours but it demands too much work and is tough too. Even A person who well understands trading as well as the digital market cannot deal it with ease.Hooding is the easiest job and short term trading is easier than day trading.

wxxyrqa

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Quote from: NIEX_88 on April 18, 2018, 03:47:43 AM

If I think personally, day trading is better than holding BTC. Although we get a little profit but by using day trading system we can get profit every day. This is better than we want a big profit but we wait very long by using the BTC holding system. The key is only 2 words "patient and not greedy". Greetings success and profit, and do not cutloss.

built-compartment in any case trade much more interesting and were the days, whose or investment. the fact is that if you will be more attracted the attention of trade, the quality of your income will increase uniquely.

Denis Danilov

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Only holding, because this is only way for the growth capital.

billbear

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You should always have this kind of a sense in this case. What you shold hold, what you should sell, I would just ask guys in similar sittuation, what would they do.

surbanaB

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Buy, sell and store real cryptocurrencies

Quote from: JPage on April 23, 2018, 07:22:07 AM

In my personal mind it depends on the skills and psychology of each of us. If we don't have this two points enough then we can't control our emotional status and may panic sell everything that we have.

I agree. There is no the skills nor emotion control then i'm sure that we may panic sell when the market fluctuate.
Now, many people are joining the crypro market without preparation of knowledge before, this is too dangerous because the movement of market is very big, we can easy many coin that its price can go up or down more than 30% in a day, if we can't know what is happening in the market then many potential you will buy at high price and sell low price.
The best we should learn all knowledge before. If we have knowledge we can give exactly decisions in this market.

Topic: Holding BTC vs Day trading or short term trading. - page 8. (Read 2764 times)